Friday 30 September 2016
 
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BP

BP signs 3 concession amendments for Egypt field

BP has signed three concession amendments for the Temsah, Ras El Barr and Nile Delta Offshore concessions in Egypt.   These amendments allows for the economic development of the Nooros development, where the company recently

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Eni, BP drill two wells in field southeast of Delta

Italy-based Eni and BP, the UK energy giant have finished drilling two wells in the South Baltim field, located southeast of the Delta in Egypt, a report said. The production of 350 million cu ft of gas daily from the project will

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Iraq, oil companies agree to restart investment

Iraq has reached agreement with BP, Shell and Lukoil to restart stalled investment in oil fields the firms are developing, allowing projects that were halted this year to resume and crude production to increase in 2017, Iraqi oil officials said.

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Iraq, oil companies agree to restart investment

Iraq has reached agreement with BP, Shell and Lukoil to restart stalled investment in oil fields the firms are developing, allowing projects that were halted this year to resume and crude production to increase in 2017, Iraqi oil officials said.

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BP eyes $3bn stake sale in China petchem JV

British oil major BP is seeking buyers for its 50 per cent stake in a Chinese petrochemicals joint venture, its single largest investment in China, in a deal that would fetch $2-$3 billion, people familiar with the matter told Reuters.

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BP eyes $3bn stake sale in China petchem JV

British oil major BP is seeking buyers for its 50 per cent stake in a Chinese petrochemicals joint venture, its single largest investment in China, in a deal that would fetch $2-$3 billion, people familiar with the matter told Reuters.

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Eni, BP eye 350m cu ft of gas from Egypt field

Italian oil company Eni and British BP will aim to produce 350m cu ft per day of gas from the discovery in South Baltim east of the Nile Delta in Egypt by the end of the current fiscal year, a report said. The production will be l

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Aberdeen Drilling Consultants awarded contract by BP

Aberdeen Drilling Consultants (ADC), a rig inspection consultancy based in Scotland, has been awarded a contract by BP to provide engineering services globally.   ADC will provide support in more than 14 countrie

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Det norske looking for more deals in`very interesting' market

Norwegian oil firm Det norske sees scope for further transactions after its planned merger with BP's Norwegian business, its chief executive told Reuters on Thursday.   "There is definitely a ve

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Big oil’s $45bn new projects signal spending revival

Two projects worth $45 billion announced this month show the world’s largest oil companies are regaining the confidence to make big investments, emboldened by rising crude prices and low costs that promise to trigger more expansion ahead.

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